Member Info for Larry_Livingston

Hi Ggp yes I’m still on the sideline and just sitting tight at the moment, there are a lot of uncertainties hence the market volatility at the moment. Hopefully conditions will improve and the SP will go up again, so let’s see what the future holds.

Hi Ggp thank you and wishing you a happier and healthier for new year ahead to you too!

Https://oilprice.com/Latest-Energy-News/World-News/Europe-Faces-Coldest-Winter-Spell-As-Gas-Supply-Concerns-Mount.html

Hi Ggp you are right “ If it sounds like blx it probably is:”, it was a scammer on a fishing expedition because any legitimate company including brokers wouldn’t give personal details like that because then they will be in breach of Data Protection Act (DPA) let alone the scammer claiming the FCA gave the phone number to the scammers. By the way we may deal through a broker as Private investors but our shares are held through a nominee account which is separate from the broker, here is some details of how it works

Understanding Nominee and Nominee Accounts:

https://www.investopedia.com/terms/n/nominee.asp

Scammers seem to be prevalent these days and I don’t pickup any unexpected phone calls especially when I don’t recognise the number and I just let the machine answer it first, a genuine caller would leave a message but scammers don’t leave a message and just put the phone down. I’m been on the Telephone Preference Service for a very long time to stop cold callers as they are not allowed to call then but scammers are still calling so when the scammers stop calling I then go to the website Who Called Me and enter the number that call me and I see that the scammers did to a lot of other people too. That’s how I do my own filter is not perfect but I don’t want to deal with them tbh because I don’t have problems spending my own so I don’t need them. Good luck all and watch out the “Wolf in sheep clothing”!

Who Called Me?: https://who-called.co.uk/

Hi Ggp you are right the market is currently volatile from all uncertainty factors you’ve mentioned, I hope conditions improve so let’s what the future holds.

Hi Ggp is good to hear you had a great week after the sad news with your dog, I’m glad you enjoyed the moment with your wife and friends because life is just too short not to.

Yes you are right I try to be careful what I wish for indeed, because we both know that higher commodities prices do not always correlate to higher SP. Remember in 2022 after Russia invaded Ukraine the high Oil and Gas prices reached but the SP peaked 2440 (closing price) on 08/06/2022 then retreated down to 1936.40 (closing price) on 14/07/2022, even though commodities prices were still higher than what it has been this year when the SP reached a new all-time closing High at 2946 on 10/05/2024.

But as consumers we will be impacted harder in everyday life if the commodities prices are higher again like in 2022. Besides with Shell break-even price in the range $30 to $55 from brokers and especially what you mentioned previously about Shell ceo Wael Sawan skills to cut costs and turning to profitable projects, the company will make good profits with the oil price range $60-$70 to me tbh.

Hi Ggp I’m really well thank you and I hope you are too. We could with milder winter since the energy prices are going up again in January

Hi Ggp you are right about Putin weaponising the gas supply and to me at least he’s consistent, but you think Europe will be more prepared after 2022 gas crisis and especially when Austrian company OMV withholds payments to gazprom. But I heard on the news yesterday that Austria received Russian gas from another pipeline.

Https://www.hellenicshippingnews.com/container-shipping-riding-high-ahead-of-holiday-season/

Somethings don’t change but hopefully it won’t be as bad as 2022 crisis

Supply Risk and Soaring Demand Keep European Natural Gas Prices at 1-Year High:-

https://oilprice.com/Latest-Energy-News/World-News/Supply-Risk-and-Soaring-Demand-Keep-European-Natural-Gas-Prices-at-1-Year-High.html

Gazprom Cuts Gas To Austria Off, Just in Time for Winter:-

https://oilprice.com/Latest-Energy-News/World-News/Gazprom-Cuts-Gas-To-Austria-Off-Just-in-Time-for-Winter.html

Europe’s Natural Gas Prices Jump to 2024 High:-

https://oilprice.com/Latest-Energy-News/World-News/Europes-Natural-Gas-Prices-Jump-to-2024-High.html

US LNG Exports Poised to Hit 9-Month High:-

https://oilprice.com/Latest-Energy-News/World-News/US-LNG-Exports-Poised-to-Hit-9-Month-High.html

Https://www.proactiveinvestors.co.uk/companies/news/1060721/croda-slumps-on-chemical-ban-fears-under-trump-health-head-1060721.html

Still on the sideline so will just keep watching closely

Thanks Tk17, that’s what the article about container market said that companies might front load imports b4 he comes to power

Https://www.hellenicshippingnews.com/xeneta-trump-presidency-will-reignite-us-china-trade-war-and-threaten-a-spike-in-ocean-container-shipping-markets-as-businesses-rush-imports-ahead-of-higher-tariffs/

Https://www.seatrade-maritime.com/tankers/-drill-baby-drill-trump-and-the-tanker-market

Hi Tk17 it looks like you have to be subscribed to read the article unfortunately

Https://www.cnbc.com/2024/11/06/oil-markets-future-still-uncertain-under-donald-trump-after-election-win.html

Https://oilprice.com/Energy/Energy-General/Oil-Prices-Spike-After-OPEC-Delays-Production-Cut-Decision.html

In the absence of Boyo and his useful technical info of Shell SP, I came across this and wanted to share.

https://www.ii.co.uk/analysis-commentary/shells-share-price-looks-broken-ii533342

My own SP indicators/guides to tell me which direction the SP wants to go from the recent all-time closing high 2946 made on 10/05/2024 are:-

Intermediate High to overcome (to the upside)

2900 (Closing price) made on 04/07/2924 from the Low 2711 (Closing price) made on 14/06/2024

Intermediate Low (to the downside)

2415 (Closing price) made on 26/09/2024, the Lowes Low made so far from the high

Hi Ggp with the SP I hope you are right, let’s see what Q3 update on Thursday holds.

Https://www.cnbc.com/2024/10/26/israel-strikes-iran-military-targets-tehran-says-damage-limited.html